Silicom: 2Q Earnings Snapshot
KFAR-SAVA, Israel (AP) _ Silicom Ltd. (SILC) on Thursday reported second-quarter earnings of $2.3 million.
The Kfar-Sava, Israel-based company said it had profit of 30 cents per share. Earnings, adjusted for non-recurring costs, came to 38 cents per share.
The provider of servers and network computing appliances posted revenue of $25.4 million in the period.
For the current quarter ending in October, Silicom said it expects revenue in the range of $24 million to $25 million.
Silicom shares have declined 14% since the beginning of the year. The stock has dropped 20% in the last 12 months.